10 tax deductions for r.e. investors
Posted on Dec 24, 2022 in Real Estate Life
There are a number of tax deductions that real estate investors have access to.
Please consult your accountant and not solely rely on the list below as certain criteria maybe required by CRA.
1. Interest, arguably the most important deduction
2. Depreciation typically done over a 27.5 year period
3. Any repairs done to the property
4. Local traveling do...
should I buy the nicest house on the street ?
Posted on Dec 14, 2022 in Real Estate Life
This is a difficult question that we can't answer for you however, below is some food for thought and a start of a conversation on an important topic.
The answer to this question will depend on a lot of factors, including but not limited to your financial situation, your personality/lifestyle type, and the neighborhood in which like to move into. Th...
What should consider when adding an income suite ? Basement or Laneway home
Posted on Oct 24, 2022 in Real Estate Life
A. Separate Entrance ideally side entrance
Firstly, is you lot eligible for Infill or laneway home ?
Here is the criteria ; Lot size must be a minimum of 32.8 feet wide and must have have access to an open lane. Permission to build on a smaller lot may be granted by the Board of Variance (604-873-7611)
33 foot wide lot allows you to have a maximum of...
CAPITALISM, SOCIALISM AND PERSONAL PROPERTY
Posted on Sep 22, 2022 in Real Estate Life
looking to move? it might be time to build your forever home
Posted on Oct 20, 2021 in Real Estate Life
Before considering this as a viable option pl...
